For Vested Members Congratulations on Becoming a Vested IPERS Member!

A Plan Designed for You

The IPERS plan is a defined benefit plan. The lifetime monthly benefit you receive is defined; it’s calculated using a formula. Your benefits grow with you during your working career. As your years of service and salary increase, your IPERS benefits grow too.

IPERS, a public agency, was established for the sole purpose of providing a retirement plan to public employees of the state of Iowa. As a public agency, there is no profit mentality and IPERS’ interests are aligned with those of members.

The average monthly benefit paid to members retiring in fiscal year 2007 was $1,506. IPERS benefits, designed to supplement personal savings and social security benefits, help ensure members have the financial security to do the things they want during retirement. Benefits also offer financial protection for families in the event of death or disability.

Strength in Numbers: Our Membership

For more than 50 years, IPERS has covered—and continues to cover—most Iowa public employees. With over 300,000 members and about 2,300 covered employers, IPERS is the largest public retirement system in Iowa. IPERS offers retirement benefit stability and security that covered members can count on.

Most public employees in Iowa automatically become members of IPERS when they start employment with an IPERS-covered employer.
Covered employers include: